Mr. Speaker, this has been a tough budget but it had to be done. And true to our commitment it has been done fairly.
The best time to make cuts is during periods of growth. In the agricultural sector, prices are increasing, export markets are expanding and producers are in an excellent position to adapt to change.
The buyout of the Western Grain Transportation Act, the WGTA, with tax benefits, will put $2.2 billion in the hands of prairie farmers this year. We will ensure those dollars are paid out in a fair and equitable way.
I am confident that the men and women of Canadian agriculture will continue their proven track record of adapting to the constant changes of their industry to ensure that Canada remains a world leader in agricultural production.